Friends in the crypto world, have you ever had an experience of being scammed?

According to BlockBeats news, an annual report released by a security agency on April 29 shows that fraudulent activities in the crypto sector surged in 2024, with blockchain addresses related to scams experiencing explosive growth in stablecoin capital inflows. Data indicates that the scale of funds involved that year reached $52.5 billion, surpassing the total from 2021 to 2023.

It is noteworthy that on-chain freezing operations of stablecoins have significantly increased. In 2024, leading stablecoin issuers (such as Tether and Circle) cumulatively froze over $1.3 billion in stablecoins on the Ethereum and Tron networks, reaching twice the total of the previous three years, reflecting the industry's increasing cooperation with law enforcement and regulation.

From a regulatory perspective, major global institutions are shifting their attitude towards cryptocurrencies from wait-and-see to proactive engagement, promoting the industry towards standardization and transparency. Taking Hong Kong as an example, its compliance policy has established a safer and more controllable crypto ecosystem by clarifying the legal framework, enhancing customer asset protection, cracking down on illegal trading, attracting institutional funds, and aligning with international standards. This transition not only reduces direct financial losses from hacker attacks and platform risks but also indirectly reduces industry risks by enhancing market trust and stability.